Legendary singer and songwriter Bob Dylan sold his complete body of recorded work to Sony Music Entertainment’s Columbia Records.

“Sony Music Entertainment (SME) today announced it has fully acquired Bob Dylan’s entire back catalog of recorded music, as well as the rights to multiple future new releases, in a major expansion of SME’s six-decade relationship with the artist,” the recording company said in a statement released Monday.

Sony Music Entertainment also clarified that the deal was decided in July 2021. “This landmark agreement… comprises the entirety of Bob Dylan’s recorded body of work since 1962, beginning with the artist’s self-titled debut album and continuing through 2020’s highly acclaimed and successful 'Rough and Rowdy Ways,'" SME said.

According to Variety, the agreement is worth between $150 million and $200 million. This number is unsubstantiated, however, as both Sony and Dylan declined to confirm.

Dylan was signed to Columbia Records in 1961 and released his first album “Bob Dylan” in 1962.

"Columbia Records and Rob Stringer have been nothing but good to me for many, many years and a whole lot of records," the 80-year-old musician said. “I’m glad that all my recordings can stay where they belong.”

Dylan won the Nobel Prize in Literature in 2016 "for having created new poetic expressions within the great American song tradition."